Head of Treasury Investment and Funds Operation

Job description / Role

Role purpose

The Head of Treasury, Investments and Funds Operations is responsible for overseeing and managing all operational aspects of the bank's Treasury, Investments, and Wealth Management functions. This role ensures efficient execution of treasury transactions, investment operations, and wealth management services while maintaining maximum compliance with regulatory requirements and internal policies. The incumbent will lead a team of professionals to optimize liquidity management, investment processing, risk mitigation, and operational efficiency.

The role is part of Group Operations and reports to the Head of IBG and Corporate Operations.

Key accountabilities of the role

Key responsibilities

1. Treasury operations management:
   
   • Oversee daily treasury operations, including money market transactions, FX dealings, liquidity management, and funding activities.
   • Ensure accurate and timely settlement of treasury trades (FX, MM, PRS, etc.).
   • Monitor Treasury and Core System positions and ensure no mismatches across balance sheet, off-balance sheet and income statements related to Treasury and Wealth Management instruments.
   • Manage relationships with internal and external stakeholders.
   • Implement and enhance treasury and wealth management systems and related automation tools.
2. Investment operations:
   
   • Supervise the processing and settlement of investment transactions (Sukuk, mutual funds, etc.).
   • Ensure compliance with investment policies and regulatory guidelines.
   • Monitor corporate actions and ensure timely and correct income recognition.
   • Coordinate with investment and Market Risk teams to ensure accurate valuation and reporting.
3. Wealth management operations:
   
   • Oversee operational support for wealth management products (structured products, etc.).
   • Ensure seamless execution of client transactions and reporting.
   • Work closely with other stakeholders to resolve client operational queries.
   • Implement controls to mitigate operational risks in wealth management processes.
4. Risk and compliance:
   
   • Ensure adherence to regulatory requirements (CBUAE, SCA, AML/KYC).
   • Strengthen operational controls to minimize settlement, counterparty, and fraud risks.
   • Conduct periodic reviews and implement enhancements to treasury and investment processes.
   • Develop and update policies and procedures in line with applicable regulations and industry best practices.
5. Team leadership and process improvement:
   
   • Lead, mentor, and develop a high-performing operations team.
   • Drive process automation, digitization, and efficiency enhancements.
   • Collaborate with IT, Treasury, Wealth Management and other teams to increase straight through processing (STP) and streamline workflows.
   • Prepare MIS and reports for senior management and regulators.

Key performance indicators (KPIs)

• Accuracy and timeliness of treasury and investment settlements.
• Reduction in operational risks, mismatches and failed trades.
• Compliance with regulatory and internal audit requirements.
• Efficiency improvements through automation and process optimization.

Working conditions

• Fast-paced, dynamic environment with tight deadlines.
• May require extended hours during month-end and quarter-end reporting.

Technical skills

Strong knowledge of treasury products, investment instruments, and wealth management services. Proficiency in treasury management systems (preferably Quantum). Familiarity with SWIFT, FTS, BUNA and other payment systems. Understanding of regulatory frameworks (CBUAE, SCA, etc.).

Soft skills

Strong leadership, analytical thinking, problem-solving, and stakeholder management.